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Social Attitudes, Legal Requirements, Industrial Relations, Technological and Environmental Changes

question 27

Multiple Choice

Social attitudes, legal requirements, industrial relations, technological and environmental changes generate the need of ……………………………..


Definitions:

Merchantable Quality

A standard implying that goods sold by a merchant are fit for the general purpose for which they are sold.

Title Transfer

The process of legally shifting ownership of a property or asset from one party to another.

Good Title

The legitimate ownership of property or assets, free from any legal claims or liens by others that might affect transferability or rights.

Sale of Goods Act

Legislation that regulates the sale of goods, ensuring standards for transactions, rights, and obligations of buyers and sellers.

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